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CRE Risk Management
IRM launches risk manager certification scheme
The Institute of Risk Management (IRM) launched its risk manager certification scheme yesterday awarding its first members the title at an event in London.
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Association News
Ferma elects Canameras and Wegener to board: De Felice steps down
Ferma has elected AMRAE's past president Gilbert Canameras and DVS' Dirk Wegener to its board of directors. The federation also announced that former vice president and board member Alessandro De…
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CRE Insurance
Insureds and carriers face immediate dangers from Grexit warns lawyer
The insurance industry and its customers face huge uncertainties in the face of a potential Greek exit from the euro, according to law firm CMS, with 'immediate dangers' for all…
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CRE Insurance
No panic for European insurers over Grexit: Fitch
European insurers should be able to absorb the potential shocks from a Greek exit from the eurozone, according to Fitch. The main risk would be from contagion to other peripheral…
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CRE Insurance
French terror attack does not signal inherent risk increase for companies: Maplecroft
Last week's terror attack at a gas plant in France does not necessarily signal an increase in terrorism risk for companies, according to a leading risk consultancy.
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Association News
Next president to place Ferma at heart of Europe and continue certification push
Certification and gaining influence in Europe's corridors of power are key priorities for Ferma's next president Jo Willaert.
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CRE Insurance
Signs of peak cat zone reinsurance price stabilisation: Willis Re
There are early signs that reinsurance rates are stabilising in peak property catastrophe zones, according to Willis Re. It noted however that competition remains 'intense' for non-peak zones.
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CRE Insurance
Willis’ Steve Hearn to join Cooper Gay Swett & Crawford
Willis' deputy CEO Steve Hearn is to leave the brokerage and take up a new role as group CEO at Cooper Gay Swett & Crawford (CGSC).
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BI
FM Global sees uptick in property cyber claims
Specialist property insurer FM Global has seen an increase in cyber claims. The firm is working with risk managers to raise awareness of cyber cover under its property damage and…
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Captives
Asset managers not ready for Solvency II finds survey
Captive owners will be concerned to hear that more than one in three insurance professionals and fund managers (36%) believe that asset management companies are not prepared to provide the…
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CRE Insurance
Corporate round-up
XL Catlin appoints Brendan Plessis as head of emerging markets, Peak Re names Eckart Roth as CRO and Skuld recruits Willis man to head Bergen office.
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Association News
DVS criticises key aspects of recently passed German IT Security Bill
German risk and insurance manager association DVS has criticised aspects of its country's IT Security Bill that was recently passed by Germany's lower parliamentary house the Bundestag.
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AMRAE pledges to support French version of risk management
AMRAE will compete with other risk management organisations to lead the development of the profession around the world, according to its new leader.
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CRE Risk Management
Corruption risk reaches new heights in Brazil as Petrobras scandal deepens
Corruption risk facing corporations in Brazil appears to have reached a new high as two of the country's most influential businessmen were arrested on 19 June under accusations of bribery…
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CRE Insurance
PartnerRe says EXOR bid ‘wholly inadequate’ and offers ‘unacceptable’ risk
PartnerRe went on the offensive this week in its battle to persuade shareholders to agree to a merger with AXIS Capital rather than a takeover by EXOR stating that the…
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CRE Insurance
Political risk limits up to $2bn on back of rising FDI
Market capacity for political risk insurance (PRI) now exceeds $2bn for a single policy, nearly double the available capacity on offer just six years ago, according to experts in the…
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CRE Insurance
Europe acts as drag on global premium growth
Non-life insurance premiums grew in 2014 despite a mixed performance in mature markets, particularly in western Europe, according to Swiss Re.
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CRE Insurance
London’s leading underwriters ranked
Underwriters at Munich Re, Ascot, XL Catlin and Beazley have topped a ranking of London's leading insurers.
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CRE Insurance
2015 Atlantic hurricane season expected to be below average: Guy Carp
The 2015 Atlantic hurricane season is predicted be below average, according to a Guy Carpenter report.
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CRE Insurance
Directors warned to take cyber responsibility seriously
Company directors and officers need to be made aware of their responsibilities for preventing and managing cyber threats or run the risk of being held personally liable for a breach,…